27 January 2020
Strategy consulting is one of the most competitive and highly desired career paths for bright graduates with a strong academic background and commercial awareness.
In this guide, we will share everything you need to know to land a graduate strategy consulting job.
Strategy consulting is one of the most high-end and prestigious segments within the professional services industry.
Strategy consultants provide unbiased, high-level advice to organisations within the public and private sectors, helping them to make strategic decisions and deliver better results.
Say for instance a company is looking to close on of its manufacturing plants to save money, the company may turn to a strategy consulting firm to get advice on whether this is the right action to take and if so, how much money they will save, how much it will cost, how they should arrange the restructure of their supply chain and so on.
Companies seek the expertise of external strategy consultants, rather than their internal team, because strategy consultants can dedicate all their time to the task in hand. Furthermore, strategy consultants will have experience in solving similar complex issues.
All graduates will be expected to have the following key employability skills:
You will have developed these skills during your time at university, your work experiences and your extracurricular activities.
As well as being able to demonstrate your skills in the areas above, in order to successfully land a graduate job in strategy consulting, it is important that you are able to demonstrate:
Analytical skills - As a part of the application process for graduate strategy consulting roles, you will be required to complete a case study interview. During the case study interview, you will be assessed on your ability to collect and analyse data and present structured solutions.
Interpersonal skills - as a graduate strategy consultant, you will need to interact with your internal team, as well as your clients. Therefore, you will need to possess the ability to build and maintain viable business relationships.
You will see two types of companies advertising strategy consulting vacancies - companies that only offer solely strategy consulting services and professional service companies that offer a broad range of services.
The application process for strategy consulting graduate positions is extremely rigorous and competitive.
It is important that you stand out for the right reasons throughout each stage of the application process.
To boost your chances of successfully navigating the application process ensure that you do the following: